News for 'Circular'

CBI gets govt nod to prosecute Sisodia in snooping case

CBI gets govt nod to prosecute Sisodia in snooping case

Rediff.com22 Feb 2023

The Union Ministry of Home Affairs conveyed to Delhi's Lt Governor's office granting of sanction to prosecute Sisodia under Section 17 of the Prevention of Corruption Act, 1988 (powers to police for investigating a public servant).

Imran Khan's party calls for nationwide shutdown, to challenge arrest

Imran Khan's party calls for nationwide shutdown, to challenge arrest

Rediff.com10 May 2023

Pakistan is bracing for another day of violence that broke out in many cities after the arrest of former prime minister Imran Khan for alleged corruption with the leaders of his party announcing a countrywide strike on Wednesday to protest against the fascist government.

No t-shirt, jeans or slippers: Dress code for Maha govt employees

No t-shirt, jeans or slippers: Dress code for Maha govt employees

Rediff.com11 Dec 2020

Also, all government employees must wear khadi clothes at least on Fridays to encourage the use of handspun, a circular issued on December 8 stated.

CBI grills Rabri Devi, summons Lalu in land for jobs scam

CBI grills Rabri Devi, summons Lalu in land for jobs scam

Rediff.com7 Mar 2023

The Central Bureau of Investigation (CBI) on Monday questioned former Bihar chief minister Rabri Devi at her Patna residence and has issued notice to her husband and former railway minister Lalu Prasad Yadav in connection with the further probe in the land-for-jobs scam case, officials said.

Deadline for periodic KYC update extended till March 31

Deadline for periodic KYC update extended till March 31

Rediff.com30 Dec 2021

The Reserve Bank of India (RBI) has extended the last date for periodic KYC update till March 31, amid Omicron uncertainties and has advised banks and other regulated entities not to take restrictive action against customers till the fiscal end. Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end because of the second wave of the coronavirus pandemic.

Businesses cannot be run on 'black box' model : Sebi chief on algo trading

Businesses cannot be run on 'black box' model : Sebi chief on algo trading

Rediff.com21 Sep 2022

Sebi chairperson Madhabi Puri Buch on Wednesday said any business on the 'black box' model that cannot be audited or validated will not be permitted. She also said since data is a public infrastructure, any attempt by any private party to own them cannot be tolerated. "We are not for or against algo trading as long as there is sufficient transparency and disclosures.

RBI allows offline digital payments

RBI allows offline digital payments

Rediff.com3 Jan 2022

To push digital transactions in rural and semi-urban areas, the Reserve Bank of India (RBI) on Monday issued a framework allowing offline payments up to Rs 200 per transaction, subject to an overall limit of Rs 2,000. An offline digital payment means a transaction that does not require internet or telecom connectivity. Under the offline mode, payments can be carried out face-to-face (proximity mode) using any channel or instrument like cards, wallets, and mobile devices.

After 15 months, RBI allows AmEx to acquire new credit card customers

After 15 months, RBI allows AmEx to acquire new credit card customers

Rediff.com25 Aug 2022

The Reserve Bank of India has on Wednesday lifted the ban on new customer acquisition by American Express which was imposed with effect from May 2021 due to non-compliance with local data storage norms. "In view of the satisfactory compliance demonstrated by American Express Banking Corp. with the Reserve Bank of India (RBI) circular dated April 6, 2018, on Storage of Payment System Data, the restrictions imposed, vide order dated April 23, 2021, on onboarding of new domestic customers have been lifted with immediate effect," RBI said. Similar bans were imposed on Diners Club International and Mastercard previously.

Recipe: Chef Sabya's Cocktail Samosas

Recipe: Chef Sabya's Cocktail Samosas

Rediff.com29 Oct 2022

The weekend offers the perfect opportunity to spoil yourself with a plate of hot samosas.

Egypt deports key official of Nirav Modi's firm

Egypt deports key official of Nirav Modi's firm

Rediff.com12 Apr 2022

Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was "deported" from Cairo on Tuesday after a long diplomatic and legal process, officials said in New Delhi. A CBI team had gone to Egypt's capital to bring back 50-year-old Parab, who was allegedly kept in illegal confinement in a Cairo suburb by Modi, the fugitive diamantaire, they said. The CBI had been chasing Parab, deputy general manager (finance) in Modi's Firestar Diamond and understood to be a key witness to the Letters of Undertaking (LoU) submitted to the Punjab National Bank (PNB) to siphon off over Rs 7,000 crore, they said.

Bengaluru incident: Go First grounds staff after DGCA notice

Bengaluru incident: Go First grounds staff after DGCA notice

Rediff.com10 Jan 2023

Aviation regulator Directorate Genral of Civil Aviation (DGCA) on Tuesday issued a show cause notice to Go First for 'multiple mistakes' that led to 55 Delhi flight passengers being left behind in a coach at Bangalore airport on Monday and the budget airline has apologised for the incident, saying it happened due to inadvertent oversight in reconciliation.

How To Make Banks Treat Customers Fairly

How To Make Banks Treat Customers Fairly

Rediff.com10 Apr 2023

Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.

Court pulls up Tihar officials over daily call facility to Khalid, Sharjeel

Court pulls up Tihar officials over daily call facility to Khalid, Sharjeel

Rediff.com31 Jan 2023

On Monday, another accused Meeran Haider also applied to the restoration of inmate daily phone call facilities.

Indian States have 25 Public Holidays!

Indian States have 25 Public Holidays!

Rediff.com5 Sep 2022

The number of public holidays varies from 14 in Delhi to 34 in Odisha.

'LIC keeps investing in companies...'

'LIC keeps investing in companies...'

Rediff.com17 Feb 2023

'In equities, it has diversified portfolios.' 'So the short-term movement of individual stocks does not impact them.'

International flights to remain suspended till Sep 30

International flights to remain suspended till Sep 30

Rediff.com31 Aug 2020

Scheduled international passenger services continue to remain suspended in India since March 23 due to the coronavirus pandemic.

Bihar on edge as JD-U, RJD hold parallel meets

Bihar on edge as JD-U, RJD hold parallel meets

Rediff.com9 Aug 2022

While the outcome will be known once the meeting is over, more than one of the prospective attendees denied the party's ties with the BJP having worsened to an extent to call for a realignment.

Fund Houses All Set to Launch NFOs As Ban Nears End

Fund Houses All Set to Launch NFOs As Ban Nears End

Rediff.com7 Jul 2022

Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds.

Nashik top cop junks order banning bhajans on loudspeaker before azaan

Nashik top cop junks order banning bhajans on loudspeaker before azaan

Rediff.com28 Apr 2022

Jayant Naiknavare, who took over as the Nashik commissioner of police last week, has cancelled the order given by his predecessor Deepak Pandey over loudspeakers.

The Prison Which Is A National Pilgrimage

The Prison Which Is A National Pilgrimage

Rediff.com29 May 2023

The long queue outside Cellular Jail is a testimony to its place in India's national consciousness. The Andamans is also where the only British viceroy was assassinated and where Bose unfurled the Tricolour for the first time in 1943.

Air India told to repair shabby interiors

Air India told to repair shabby interiors

Rediff.com25 Apr 2022

Aviation regulator DGCA has asked Tata Group-owned Air India to repair its aircraft after a passenger complained on social media on Monday about the plane's shabby interiors, including a broken armrest, officials said. The Directorate General of Civil Aviation (DGCA) had last Wednesday grounded a SpiceJet aircraft over a passenger's complaint of dirty seats and malfunctioning cabin panels. The SpiceJet plane took to the skies a day later after all the suggested repairs were effected.

SC allows Air India to fly with middle seats filled for 10 days

SC allows Air India to fly with middle seats filled for 10 days

Rediff.com25 May 2020

The SC observed that the government should be more worried about the health of citizens rather than the health of commercial airlines.

Pak, China to go ahead with $10 bn Karachi-Peshawar railway project

Pak, China to go ahead with $10 bn Karachi-Peshawar railway project

Rediff.com28 Oct 2022

Prime Minister Sharif will be visiting Beijing with a high-powered delegation from November 1, 2022, where minutes of the joint coordination committee meeting will be signed.

SBI authorised to promote rupee trade with Russia

SBI authorised to promote rupee trade with Russia

Rediff.com14 Sep 2022

India has decided to authorise the country's biggest lender SBI to promote rupee trade with Russia and soon Moscow will name its bank to operationalise the mechanism, exporters' body FIEO said on Wednesday. The RBI in July issued a detailed circular asking banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. Currently, a large part of bilateral trade between India and Russia is getting settled in rupee due to sanctions imposed by the US and Europe following Moscow's attack on Ukraine.

SC sets aside RBI ban on cryptocurrencies

SC sets aside RBI ban on cryptocurrencies

Rediff.com4 Mar 2020

The Supreme Court on Wednesday allowed banks and financial institutions to provide services related to cryptocurrencies by setting aside the RBI's 2018 circular which had prohibited them. A three-judge bench, headed by Justice R F Nariman, said the Reserve Bank of India circular is liable to be set aside on the ground of "proportionality". "Accordingly, the writ petitions are allowed and the circular dated April 6, 2018 is set aside," said the bench, also comprising justices Aniruddha Bose and V Ramasubramanian.

Indians Star In World's Toughest Race

Indians Star In World's Toughest Race

Rediff.com13 Jul 2023

Race Across America -- which spans a little over 3,000 miles, from the west coast of the US to its east -- is often called the toughest race in the world. Indian cyclists are now returning multiple finishes at RAAM including podium positions within age categories, discovers Shyam G Menon.

'What Gives Me Hope About India Is...'

'What Gives Me Hope About India Is...'

Rediff.com24 Aug 2023

'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'

TN medical college dean loses post as students take 'Charaka' oath

TN medical college dean loses post as students take 'Charaka' oath

Rediff.com1 May 2022

The dean of a state-run medical college was relieved of his post and put on waiting list as 'Maharshi Charak Shapath' instead of the Hippocratic oath was administered to new students and a departmental inquiry has been ordered, the government said on Sunday.

RBI bats for cardless cash withdrawal at ATMs of all banks

RBI bats for cardless cash withdrawal at ATMs of all banks

Rediff.com19 May 2022

The Reserve Bank on Thursday asked banks to provide the option of Interoperable Card-less Cash Withdrawal (ICCW) at their ATMs, a move aimed at curbing frauds like skimming, card cloning and device tampering. Currently, cardless cash withdrawal through ATMs is offered by a few banks for their customers at their own ATMs (also known as on-us basis). "All banks, ATM networks and WLAOs (White Label ATM Operators) may provide the option of ICCW at their ATMs," the central bank said in a circular.

Centre in 'mission mode' to fill job vacancies in govt depts and ministries

Centre in 'mission mode' to fill job vacancies in govt depts and ministries

Rediff.com29 Sep 2022

The Centre is in "mission mode" to fill vacancies in government departments and ministries. The Department of Expenditure is currently following up with other wings of the government to expedite pending appointments. Regular follow-ups are being made to fill the vacant positions, so that the stated target of eliminating 1 million vacancies is met by December 2023, ahead of the next Lok Sabha elections. Even as the nodal ministry for filling vacant positions in the government is the Department of Personnel and Training (DoPT), the Department of Expenditure's Establishment Coordination (Personnel) division is providing support for the recruitment drive.

Turkey: Between Two Worlds

Turkey: Between Two Worlds

Rediff.com18 Jul 2023

The splendid rock figures around Cappadocia and the silent, eternal ruins of Ephesus made a trip to Turkey even more memorable.

SC to hear 300 old cases from October 11

SC to hear 300 old cases from October 11

Rediff.com28 Sep 2022

Among the 300 cases, a civil appeal filed in 1979 by the Union of India against Nava Bharat Ferroy Alloys Ltd and others is the oldest.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

SC to consider listing of Bilkis Bano's review plea against its order

SC to consider listing of Bilkis Bano's review plea against its order

Rediff.com12 Dec 2022

A bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and Dipankar Datta took note of the submissions of lawyer Shobha Gupta that the review plea is yet to be listed.

Police foils BBC's Modi docu screening at Jamia, detains protesting students

Police foils BBC's Modi docu screening at Jamia, detains protesting students

Rediff.com25 Jan 2023

The university administration said the screening will not be allowed and that they are taking all measures to prevent people and organisations with a "vested interest to destroy the peaceful academic atmosphere of the university".

Goodbye old Parliament House, hello new Sansad Bhavan!

Goodbye old Parliament House, hello new Sansad Bhavan!

Rediff.com9 Aug 2022

The new Parliament building, whose foundation was laid in December 2020 by Prime Minister Narendra Modi, is being constructed in its vicinity and the work is expected to be completed before the Winter Session.

'Disturbed' Jaishankar offers help after Lankan hospital runs out of medicines

'Disturbed' Jaishankar offers help after Lankan hospital runs out of medicines

Rediff.com29 Mar 2022

The Director of the Peradeniya Hospital in the central district of Kandy on Monday announced the temporary suspension of all routine surgeries due to the shortage of medicine.

Covid ban on international passenger flights extended till Feb 28

Covid ban on international passenger flights extended till Feb 28

Rediff.com19 Jan 2022

The suspension of scheduled international passenger flights in the country has been extended till February 28, aviation regulator DGCA said on Wednesday.

'Youth will be finished': SC on Punjab liquor trade, drugs menace

'Youth will be finished': SC on Punjab liquor trade, drugs menace

Rediff.com5 Dec 2022

'If somebody wants to finish the country and more particularly from the border state, they will start with the borders. Every extra caution should be taken to save the country. Tell your government to be very serious. They have to take every effort to save the country, it is very easy to ruin the youth'

From Jan 1, prefix '0' for landline to mobile calls

From Jan 1, prefix '0' for landline to mobile calls

Rediff.com24 Nov 2020

Callers will soon be required to add '0' prefix for making calls from landlines to mobile phones in the country, with the telecom department asking telcos to make necessary arrangements by January 1 to implement the new system. The department has accepted sectoral regulator Trai's recommendation for having the '0' prefix for such calls, a move that will create sufficient numbering space for telecom services. The Department of Telecom (DoT) in a circular on `modification of dialling pattern from fixed line numbers to cellular mobile numbers' said in order to ensure adequate numbering resources for fixed line and mobile services, Trai's recommendations dated May 29, 2020 have been accepted by the Department.